California probe leads to $23 8M settlement with Essilor Laboratories of America insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.
California Insurance Commissioner Ricardo Lara announced that Essilor Laboratories of America Inc. agreed to a $23.8 million settlement in a lawsuit that
12 Mar 2021
Two-thirds of entry-level tech jobs go to compliant foreign guest-workers, not to the young American professionals who may create a new wave of establishment-shaking companies, according to a report from Bloomberg.
In 2018, “the U.S. had between 96,000 and 143,000 openings in IT occupations that typically went to candidates with a bachelor’s degree or higher in computer science or engineering,” said the March 10 report, headlined “STEM Graduates Deserve a Better Path to Good Jobs.”
But the government each year provides “Occupational Practical Training” (OPT) work permits to hundreds of thousands of foreigners who have paid tuition to American universities. It also invites roughly 85,000 foreign graduates on H-1B work visas, the report says.